Shepherd, Ben; Pasadilla, Gloria - East Asian Bureau of Economic Research (EABER) - 2012
developed world, services frequently account for two-thirds or three-quarters of all economic activity. The transition from … with the People’s Republic of China (PRC), and India (“the ACI countriesâ€), are no strangers to this underlying trend … world standards, even though experiences differ greatly across countries. In addition to traditional services sectors such …